Castrol Annual Report 2023

The year FY 2023

Presented its share of challenges. Volatile raw material markets, fueled by global events, tested our agility. However, through proactive management and a deep understanding of market forces, we maintained stability, navigating uncertainty with unwavering dedication. This is not a cause for nervousness but a recognition that such disruptions are now part of our regular landscape, and we need to remain prepared to adapt and thrive. Managing a company like ours demands a delicate balance, encompassing multiple priorities: navigating volatile raw materials, adapting to rapid market shifts, and seizing transformative opportunities. Inspired by nature’s blend of agility and resilience, we strive to achieve this delicate balance.

Highlights

• INR 5,075 Crores Revenue 6.0%
• INR 1,198 Crores EBITDA 8.0%
• INR 864 Crores Profit After Tax (PAT) 6.0%
• INR 177 Billion* Market Capitalisation 46%